Victorian Current Acts Victorian Current Acts(1) Subject to subsection (2), the responsible Minister must ensure that a regulatory impact statement is prepared by or on behalf of the instrument maker for a proposed legislative instrument.
(2) If the Governor in Council is the instrument maker for a proposed legislative instrument, the Governor in Council is not required to prepare a regulatory impact statement and the responsible Minister must ensure that a regulatory impact statement is prepared for the proposed legislative instrument.
(3) Subsections (1) and (2) do not apply if an exemption certificate is issued for the proposed legislative instrument.
S. 12F inserted by No. 78/2010 s. 30.